Civic Intelligence

Laurel Ridge Inc

990 • Fiscal year 2024 • EIN 06-0713414

Nov 01, 2023 to Oct 31, 2024 • Filed on May 14, 2025

65 Ide Perrin RoadWoodstock, CT 06281

(860) 928-9174

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

9.9%

Faster asset growth than 76% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

6.5%

Faster revenue growth than 52% of similar nonprofits.

2024 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,741,873

Up $156,530 (+9.9%) from 2023

Net Assets

Up

$1,734,912

Up $156,553 (+9.9%) from 2023

Liabilities

Down

$6,961

Down $23 (-0.3%) from 2023

Revenue

Up

$1,016,171

Up $61,640 (+6.5%) from 2023

Expenses

Up

$859,677

Up $76,775 (+9.8%) from 2023

Net Income

Down

$156,494

Down $15,135 (-8.8%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,672,847Liabilities 2011: $345,107Net Assets 2011: $1,327,7402011Assets 2012: $1,754,341Liabilities 2012: $293,899Net Assets 2012: $1,460,4422012Assets 2013: $1,613,647Liabilities 2013: $201,826Net Assets 2013: $1,411,8212013Assets 2014: $1,554,582Liabilities 2014: $155,381Net Assets 2014: $1,399,2012014Assets 2015: $1,468,871Liabilities 2015: $108,421Net Assets 2015: $1,360,4502015Assets 2016: $1,362,047Liabilities 2016: $59,676Net Assets 2016: $1,302,3712016Assets 2017: $1,273,950Liabilities 2017: $16,268Net Assets 2017: $1,257,6822017Assets 2018: $1,262,987Liabilities 2018: $6,432Net Assets 2018: $1,256,5552018Assets 2019: $1,281,268Liabilities 2019: $5,828Net Assets 2019: $1,275,4402019Assets 2020: $1,298,835Liabilities 2020: $4,749Net Assets 2020: $1,294,0862020Assets 2021: $1,346,456Liabilities 2021: $4,865Net Assets 2021: $1,341,5912021Assets 2022: $1,411,967Liabilities 2022: $5,337Net Assets 2022: $1,406,6302022Assets 2023: $1,585,343Liabilities 2023: $6,984Net Assets 2023: $1,578,3592023Assets 2024: $1,741,873Liabilities 2024: $6,961Net Assets 2024: $1,734,9122024Assets 2025: $1,909,878Liabilities 2025: $9,699Net Assets 2025: $1,900,1792025

Highlighted filing

2024

Assets$1,741,873
Liabilities$6,961
Net Assets$1,734,912

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $524,9252011Expenses 2012: $560,8032012Revenue 2013: $444,204Expenses 2013: $492,895Net Income 2013: -$48,6912013Revenue 2014: $601,409Expenses 2014: $614,052Net Income 2014: -$12,6432014Revenue 2015: $588,794Expenses 2015: $627,485Net Income 2015: -$38,6912015Revenue 2016: $622,407Expenses 2016: $680,506Net Income 2016: -$58,0992016Revenue 2017: $654,264Expenses 2017: $698,953Net Income 2017: -$44,6892017Revenue 2018: $696,162Expenses 2018: $697,329Net Income 2018: -$1,1672018Revenue 2019: $728,742Expenses 2019: $709,857Net Income 2019: $18,8852019Revenue 2020: $696,843Expenses 2020: $678,197Net Income 2020: $18,6462020Revenue 2021: $756,602Expenses 2021: $709,087Net Income 2021: $47,5152021Revenue 2022: $818,139Expenses 2022: $753,070Net Income 2022: $65,0692022Revenue 2023: $954,531Expenses 2023: $782,902Net Income 2023: $171,6292023Revenue 2024: $1,016,171Expenses 2024: $859,677Net Income 2024: $156,4942024Revenue 2025: $1,061,688Expenses 2025: $896,340Net Income 2025: $165,3482025

Highlighted filing

2024

Revenue$1,016,171
Expenses$859,677
Net Income$156,494
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$1,016,171
Mission and Program Overview

Mission

To operate and maintain a facility offering social and recreational privileges to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,054,703$1,095,352▲ $40,649
Savings and Temporary Cash Investments$435,463$363,914▼ $71,549
Cash and Non-Interest-Bearing Accounts$95,179$282,607▲ $187,428
Total Assets$1,585,345$1,741,873▲ $156,528
Liabilities
Accounts Payable and Accrued Expenses$6,984$6,961▼ $23
Other Liabilities$2$0▼ $2
Total Liabilities$6,986$6,961▼ $25
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,578,359$1,734,912▲ $156,553
Total Net Assets Fund Balance$1,578,359$1,734,912▲ $156,553
Total Liabilities and Net Assets / Fund Balance$1,585,345$1,741,873▲ $156,528

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$945,978$1,770,815$2,716,793
Equipment$46,186$70,493$116,679
Land$103,188-$103,188
Compensation and Service Providers

Board Members and Trustees

NameTitle
Judy FergusonPresident
John PagnottaVice President
Julie PurzyckiDirector
Scott KellowayDirector
Tyler CourtneyDirector
Dario CavalleroDirector at Large
Janine ShailerDirector at Large
Erin RoySecretary
Lainee TrudelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$807,705
Investment Income
$4,267
Other Revenue
$204,199
Change in Net Assets
$156,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$638,714
Salaries, Compensation, and Employee Benefits$220,963
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,234$101,787-$192,021
All Other Expenses$80,913--$80,913
Depreciation Depletion$79,402--$79,402
Insurance$57,209--$57,209
Other Expenses$50,534--$50,534
Office Expenses-$36,061-$36,061
Payroll Taxes$8,138$8,138-$16,276
Fees for Services Accounting-$13,708-$13,708
Other Employee Benefits$6,333$6,333-$12,666
Fees for Services Other-$1,271-$1,271
Advertising$385$833-$1,218
Fees for Services Legal$1,000--$1,000
Total Functional Expenses$691,546$168,131$0$859,677
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

Members elect the board of directors bi-annually. The board of directors must be members in good standing.

Form 990, Part VI, Section A, Line 6

The organization's members consist of voting and non-voting members.

Form 990, Part VI, Section A, Line 7A

The board of directors manage the organization and present business decisions for a vote by members.

Form 990, Part VI, Section A, Line 7B

Members vote on business decisions presented by the board of directors.

Form 990, Part VI, Section B, Line 11B

The organizations's form 990 is reviewed by the board of directors prior to issuance.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Laurel Ridge Inc
EIN
06-0713414
Phone
8609289174
Address
65 IDE PERRIN ROAD, WOODSTOCK, CT 06281

Signing Officer

Name
Lainee Trudel
Title
Treasurer
Phone
8609289174
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lainee Trudel
Formed
1952
Legal Domicile
Ct
Voting Board Members
241
Independent Board Members
0
Employees
5
Volunteers
0

Preparer

Firm
Mmnt LLC
Address
160 CHAPEL RD STE 301, MANCHESTER, CT 06042
Preparer
Philip S Nemphos
Phone
8606431001
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Stock redemption, net of issuance 60.

Financial Statement Notes

PART X, LINE 2:

The organization believes it has no uncertain tax positions as of october 31, 2024. Under the income tax basis of accounting, the organization does not recognize a liability for uncertain tax positions until an agreement and settlement is reached with the taxing authority. The organization's income tax returns are subject to examination by the appropriate taxing jurisdiction generally for three years after they are filed.

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt326113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45956
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0485
IRS990/PYOtherExpensesAmt0574705
IRS990/PYOtherRevenueAmt0191665
IRS990/PYProgramServiceRevenueAmt0762381
IRS990/PYRevenuesLessExpensesAmt0171629
IRS990/PYSalariesCompEmpBnftPaidAmt0208197
IRS990/PYTotalExpensesAmt0782902
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0954531
IRS990/ReconcilationRevenueExpnssAmt0156494
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0808705
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0435463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0363914
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt046186
IRS990ScheduleD/EquipmentGrp/DepreciationAmt070493
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0116679
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0103188
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0103188
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0945978
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01770815
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02716793
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF OCTOBER 31, 2024. UNDER THE INCOME TAX BASIS OF ACCOUNTING, THE ORGANIZATION DOES NOT RECOGNIZE A LIABILITY FOR UNCERTAIN TAX POSITIONS UNTIL AN AGREEMENT AND SETTLEMENT IS REACHED WITH THE TAXING AUTHORITY. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTION GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01095352
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ELECT THE BOARD OF DIRECTORS BI-ANNUALLY. THE BOARD OF DIRECTORS MUST BE MEMBERS IN GOOD STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS CONSIST OF VOTING AND NON-VOTING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS MANAGE THE ORGANIZATION AND PRESENT BUSINESS DECISIONS FOR A VOTE BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS VOTE ON BUSINESS DECISIONS PRESENTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS'S FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STOCK REDEMPTION, NET OF ISSUANCE 60.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01585345
IRS990/TotalAssetsEOYAmt01741873
IRS990/TotalAssetsGrp/BOYAmt01585345
IRS990/TotalAssetsGrp/EOYAmt01741873
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0168131
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0691546
IRS990/TotalFunctionalExpensesGrp/TotalAmt0859677
IRS990/TotalGrossUBIAmt0204199
IRS990/TotalLiabilitiesBOYAmt06986
IRS990/TotalLiabilitiesEOYAmt06961
IRS990/TotalLiabilitiesGrp/BOYAmt06986
IRS990/TotalLiabilitiesGrp/EOYAmt06961
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01578359
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01734912
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0691546
IRS990/TotalProgramServiceRevenueAmt0807705
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03267
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0808705
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01016171
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0204199
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01585345
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01741873
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt065 IDE PERRIN ROAD
IRS990/USAddress/CityNm0WOODSTOCK
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006281
IRS990/VotingMembersGoverningBodyCnt0241
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.SOLAIRRL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAINEE TRUDEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08609289174
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUREL RIDGE INC
ReturnHeader/Filer/BusinessNameControlTxt0LAUR
ReturnHeader/Filer/EIN0060713414
ReturnHeader/Filer/PhoneNum08609289174
ReturnHeader/Filer/USAddress/AddressLine1Txt065 IDE PERRIN ROAD
ReturnHeader/Filer/USAddress/CityNm0WOODSTOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006281
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061414670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MMNT LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 CHAPEL RD STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006042
ReturnHeader/PreparerPersonGrp/PhoneNum08606431001
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILIP S NEMPHOS
ReturnHeader/ReturnTs02025-05-14T07:59:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.91$0.01$1.90$1.06$0.90$0.17
2024Detailed filing. Detailed filing data is available for this year.$1.74$0.01$1.73$1.02$0.86$0.16
2023Detailed filing. Detailed filing data is available for this year.$1.59$0.01$1.58$0.95$0.78$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.41$0.01$1.41$0.82$0.75$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.34$0.76$0.71$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.29$0.70$0.68$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.28$0.73$0.71$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.26$0.70$0.70$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.02$1.26$0.65$0.70$0.04
2016Summary only. Only limited summary data is available for this year.$1.36$0.06$1.30$0.62$0.68$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.47$0.11$1.36$0.59$0.63$0.04
2014Summary only. Only limited summary data is available for this year.$1.55$0.16$1.40$0.60$0.61$0.01
2013Summary only. Only limited summary data is available for this year.$1.61$0.20$1.41$0.44$0.49$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.29$1.46$0.56
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.35$1.33$0.52